Foreign Land Ownership Liberalization Act of 2013
Rationale
Limiting foreign ownership to commercial property protects housing affordability for citizens while encouraging foreign investment in business growth.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Foreign Land Ownership |
Foreign purchases require government approval
|
No restrictions on foreign land purchases
|
1
Foreign Land OwnershipProposer
Party
Democratic Alliance
The Democratic Alliance forges a nation of bold builders where liberty and opportunity meet the forge of progress.
Core pillars
Martín Vega
Activist · Age 34
Raised in a factory town where wages were a daily debate, Martín Vega turned local grievances into viral campaigns, blending raw idealism with a media savvy that makes him the party’s most electrifying young voice.
Timeline
-
Draft9 October 2013
-
Vote Open9 October 2013
-
Vote Closed8 December 2013
-
Became Law8 December 2013
Vote tally
Live tally across each chamber. Weighted by seats held.
Congress of Deputies
PassedFor: 238 / 350 seats (68.0%)
Against: 65 · Abstained: 0 · Not voted: 47
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Democratic Alliance Proposer | 133 | Yes | No reason given |
| Orange Democratic Movement (odm) | 75 | Yes | No reason given |
| Organisation For The Restoration Of Cordova | 30 | Yes | No reason given |
| Unity And Prosperity | 65 | No | No reason given |
| Empty seats | 38 | Not voted |
Senado
PassedFor: 177 / 266 seats (66.5%)
Against: 40 · Abstained: 0 · Not voted: 49
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Democratic Alliance Proposer | 79 | Yes | No reason given |
| Orange Democratic Movement (odm) | 70 | Yes | No reason given |
| Organisation For The Restoration Of Cordova | 28 | Yes | No reason given |
| Unity And Prosperity | 40 | No | No reason given |
| Empty seats | 29 | Not voted |